Eskom diesel cost to increase a third to R20.9bn in effort...
SOUTH Africa's state-owned power utility Eskom has forecast a tripling in the cost of diesel which it uses to keep the lights on when...
Break out of billion dollar M&A puts smaller mining companies in...
SCALE had become a defining feature of the mining market where companies with less than A$500m in market value were struggling to secure funding,...
Four JSE mining firms that took major bets in preparation for...
AMONG the mining companies that lined up to bid for Atlantic Nickel, a company that owns the Santa Rita mine in Brazil’s Bahia state,...
Traders find way to kick gold while it’s down
Data last week from China showed gold holdings had risen but there was cause in this to trade negatively on the yellow metal.
Anglo reinstalls dividend with 48 US c payout after halving net...
ANGLO American cemented its recovery after a sometimes excruciating two-year restructuring exercise by resuming the dividend and installing a policy of paying out 40%...
Glencore’s cuts ferrochrome guidance after limiting Eskom pain
GLENCORE maintained its overall 2023 guidance for copper, zinc, coal and cobalt output but cut its outlook on nickel production due to maintenance and strikes,...
B2Gold would look at “compelling” M&A, firm undeterred by Mali political...
B2GOLD would consider mergers and acquisitions "... but they have got to be compelling," the firm's CEO, Clive Johnson, told Bloomberg News.
"If merging with...
Tanzania awards mining licences to Chinese companies worth more than $100m
CHINESE companies have been awarded licences for construction of a mineral smelter and two gold refineries in Tanzania worth more than $100m, said Reuters...
Anglo’s Cutifani cools talk of a threat from the East
February 2015 will live in the memory as the day Mark Cutifani stared down a sceptical market which believed he’d responded too slowly to...
Union wants Sars to probe Aurora
Trade union Solidarity has asked the South African Revenue Service to investigate alleged mismanagement of funds by Aurora Empowerment Systems.